The Future of IoT in a Graphic

The IoT, or Internet of Things,
is burgeoning. While the better known internet is made up of humans
communicating with one another, the IoT all but eliminates the human
element. Essentially, once it’s all set up, the machines communicate
with one another. An IoT in your home, in your city, or at your
workplace is actually extremely useful.
In practice, an IoT can automate a lot of tasks and processes. It can
make life easier, safer, and much more convenient. There’s currently a
whole lot of capital moving around the IoT tech sector, over 800
companies are working on IoT devices and platforms, and new IoT
components come on the market on a regular basis.
The infographic included here gives you a good visual summary of
what’s happening. We made it to show you what types of technology IoT
companies are focusing on, how the money is flowing, where the
innovation is taking place, and more.